Indexed universal life insurance (IUL) is a type of permanent life insurance designed for people who want lifelong coverage, adjustable premium payments and the ability to choose how their policy’s ...

These complex products tie cash value growth to the performance of an index, but it’s important to understand the limitations ...

Whole life and universal life are both types of permanent life insurance, but there are key differences when it comes to cost, benefits and policy requirements. To help you learn about what sets them ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

No one likes to think about the day when they or their loved ones will die, but it’s an important part of your finances. Life insurance can help to ease any concerns about what will happen financially ...

Rise in adoption of low cost of insurance plans and the ability to accumulate cash value over time boost the growth of the global universal life insurance market. In addition, factors such as the ...